Reportable Events

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Chapters in this video

  1. 0:00 Introduction to FINRA and the 30-day reporting window
  2. 1:17 Criminal charges versus convictions: the arrest trap
  3. 2:28 Financial triggers (liens, bankruptcy, judgments)
  4. 3:56 The $5,000 customer complaint threshold
  5. 5:35 Dual reporting obligations: the relay race
  6. 6:43 Rapid-fire exam recap

What this video covers

  • The exact 30-day reporting window and why 10-day or 60-day answer choices are traps
  • The distinction between felony convictions and criminal charges, and why an arrest or indictment starts the clock immediately
  • The full list of reportable events including financial triggers (tax liens, bankruptcy, unsatisfied judgments) that are not criminal matters
  • The $5,000 damage threshold for written customer complaints and why complaints below that amount still require recordkeeping and quarterly reporting
  • The mandatory quarterly statistical summary of all written customer complaints regardless of dollar amount
  • The dual relay-race reporting structure: associated person to firm, then firm to FINRA via the FINRA Gateway
  • Why failure to report is a separate violation with independent sanctions for whichever party drops the baton

Read the full lesson, free

This video's complete written lesson is free to read in the CertFuel app, no signup wall. The complete SIE course in the app is free too, including adaptive practice questions and spaced-repetition flashcards.

Read the Free Lesson → free · no signup wall